Market & Industry
Brose, HASCO ink agreement for extended cooperation on joint venture
Brose, HASCO ink agreement for extended cooperation on joint venture

On December 11, Germany-headquartered family-owned automotive supplier Brose Group and the Chinese auto parts provider HASCO jointly hosted the signing ceremony for the extension of the joint-venture agreement of Shanghai Brose Automotive Components.

Dec. 12 , 2023
Gasgoo Daily: NIO already deploys over 700 power swap stations along expressways in China
Gasgoo Daily: NIO already deploys over 700 power swap stations along expressways in China

With Gasgoo Daily, we will offer daily important automotive news in China.

Dec. 11 , 2023
China’s new energy vehicle output, sales both exceed 1-million-unit mark in Nov. 2023
China’s new energy vehicle output, sales both exceed 1-million-unit mark in Nov. 2023

In November 2023, China’s automotive market sustained its momentum, benefitting from consumer waves driven by events like the "11.11" shopping festival, further escalating the demand for vehicle purchases.

Dec. 11 , 2023
China’s new energy passenger car retails surge 39.8% YoY in November
China’s new energy passenger car retails surge 39.8% YoY in November

China's new energy passenger vehicle (NEPV) market witnessed robust figures in November 2023, with wholesale sales reaching 962,000 units, which surged 31.5% year on year and rose 8.2% from the previous month, according to data provided by the CPCA.

Dec. 8 , 2023
Ford China’s annual exports hit record high of over 100,000 vehicles in 2023
Ford China’s annual exports hit record high of over 100,000 vehicles in 2023

Ford China surpassed the annual export of 100,000 vehicles in 2023—a historic record for the company's outbound vehicles from China to international markets.

Dec. 8 , 2023
JAC Group’s YTD sales surpass 2022 annual figure by November 2023
JAC Group’s YTD sales surpass 2022 annual figure by November 2023

In November 2023, JAC Group achieved sales of 54,138 units, which ticked up 1.85% month on month and jumped 19.47% year on year surge, marking ten consecutive months of year-on-year growth in sales.

Dec. 8 , 2023